So, just as pretty much everyone in the sound money community predicted, tapering
will end sooner rather than later when a panicked Fed announces some kind of
bigger and better shock-and-awe debt monetization plan. The European Central
Bank, which actually shrank its balance sheet in 2013, will reverse course
and start monetizing debt on a vast scale. As for Japan, who knows what they
can get away with, since their government debt is, as a percentage of GDP,
already twice that of the US.

Was watching 3600 on Nasdaq and we finally got our reversal signal after
85 weeks, a shooting star weekly candle.We had our 50% move into
resistance off half the circle (240) up to completion at 360 (times
10)and time looks to be working on 1/4 of the circle,90
weeks.Interestingly the 90 week cycle will also be 45 weeks from the 270
low which would square time 45 weeks against price 90 points (x10) at 1
x 2. A 5 week correction would also be a "matching wave " with the
summer decline

Cable followed through with further selling from my intraday post on Friday and we got a bearish outside day.As mentioned before 1.66 was an important level (1800 off the low) and there were important Gann emblem cycles in January,this could be a significant top.